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    2434 S 23Rd St Waco, TX 76706

    Sponsored
    For Sale
    Under Contract
    $120,000

    Unimproved Land - Waco, TX

    Type:Unimproved Land
    Lot size:
    0.48 Acres
    Days on Market:
    131
    Last Refresh:
    Jan 9 at 12:06 pm

    Property Features for 2434 S 23Rd St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    48-036408-000101-0
    Lot size
    0.48 Acres

    Building Details

    Architectural style
    Other

    Trinity Group Realty (817) 941-6454

    Listing agent Chris Reeves (817) 941-6454 License #0517863

    Listing date Sep 1, 2025

    MLS# 21032902 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Lot Near Baylor

    This 0.48-acre lot is zoned for multifamily use. It is located in Waco, Texas, and is situated minutes from Baylor University, McLane Stadium, Magnolia Market, and I-35. This location provides accessibility to Waco’s destinations and offers possibilities for rental development or new projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.125638
    Latitude
    31.523706

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    FAQs

    What type of property is this?
    Land - 0.48-acre multifamily-zoned lot near Baylor University and McLane Stadium.
    Where is this land located?
    The property is located at 2434 S 23Rd St Waco, TX.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Multifamily-zoned lot ideal for investors/developers.; - Prime location minutes from Baylor University, McLane Stadium, and Magnolia Market.; - Convenient access to I-35.
    (817) 941-6454
    Request Owner's contact information
    2434 S 23Rd St Waco, TX 76706
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    Waco, TX 76706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2434 S 23Rd St Waco, TX 76706
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